The Troy Foundation is a community foundation established in 1924 in Troy, Ohio. As a 501(c)(3) public charity, it serves as a philanthropic intermediary connecting donors to charitable causes while supporting local nonprofit organizations and community initiatives. The foundation operates with a staff of 4-6 employees and maintains its headquarters at 216 W Franklin Street, Troy, OH 45373.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$159.1M
+12.7% YoY
Annual Giving
$9.1M
+14.2% YoY
Grant Count
141
-13.5% YoY
Avg Grant Size
$65K
+32.0% YoY
Mission & Focus Areas
The foundation's mission is to improve the quality of life for the community by connecting donors to charitable causes for a better tomorrow.
The Troy Foundation provides grants across diverse program areas including:
- Arts and culture
- Education
- Health and human services
- Social services
- Youth development
- Beautification
- Wildlife and environmental protection
- Emergency grants to assist nonprofits during crises
Grantmaking
In 2023, The Troy Foundation distributed over 2,100 grants to organizations throughout its service area. Recent notable grants include:
Ready to take the next step with The Troy Foundation?
Geographic Focus
Where this funder awards grants
The Troy Foundation primarily funds organizations in Ohio, with additional grantmaking activity in Illinois and Michigan. The foundation maintains a particular focus on Miami County and the Troy, Ohio community.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets (2023): $141,156,124
Total Revenues (2023): $11,964,419
Total Expenses (2023): $10,295,980
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $159,134,246 | $141,156,124 | $123,423,524 |
| Revenue | $13,454,469 | $11,964,419 | $11,701,989 |
| Expenses | $11,383,097 | $10,295,980 | $8,604,327 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,951,672 | $3,828,540 | $5,826,134 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
12 open opportunities from The Troy Foundation
Apple Grants
THE TROY FOUNDATION
Amount
Up to US $1,000
Deadline
Rolling / Open
Covington Education Foundation Grant
THE TROY FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Greater Versailles Area Foundation Fund Grant
THE TROY FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MELISSA KLEPTZ | PRESIDENT & | 39.9 | $150,000 |
| SUSAN BEHM | GOVERNING BO | 1 | — |
| BRENT BLACK | GOVERNING BO | 1 | — |
| JOE DICKERSON | CHAIR | 1 | — |
| TOM GIERE | VICE CHAIR | 1 | — |
| COLLEEN GILARDI | GOV BD DISTR | 1 | — |
| KATHY KERBER | GOVERNING BO | 1 | — |
| TOM KLEPZ | GOV BD/TRUST | 1 | — |
| DOUG LINS | GOVERNING BO | 1 | — |
| MAURICE SADLER | GOVERNING BO | 1 | — |
| CRAIG WISE | GOVERNING BO | 1 | — |
Recent News & Activity
Recent developments and announcements
In April 2024, The Troy Foundation announced grant awards to local organizations. The foundation has maintained active grantmaking throughout recent years, including emergency grants to assist nonprofits during the COVID-19 pandemic.
Troy Foundation Awards April 2024 GrantsThe foundation holds the distinction of being the largest philanthropic organization in Miami County, reflecting decades of community trust and support.
Troy Community Foundation awards over $11,000 in grantsSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Troy Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities